Two Years In, The IRA Has Benefitted GOP Districts & Red States The Most

Credit to Author: Derek Markham| Date: Wed, 14 Aug 2024 18:00:15 +0000

The Inflation Reduction Act was signed into law on August 16, 2022, and in the two years since then, it has been a prime mover for progress in clean tech industries in the US, such as the manufacturing of electric vehicles and their components as well as wind and solar … [continued]

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NRDC Report: Climate Law to Slash Power Sector Emissions

Credit to Author: NRDC| Date: Wed, 14 Aug 2024 13:41:50 +0000

WASHINGTON, D.C. — The climate legislation and pollution standards adopted during the Biden administration have put the U.S. power sector on track to make unprecedented progress in cutting carbon dioxide emissions. The power sector is now on track for a 65 percent cut by 2030 in carbon emissions from 2005 … [continued]

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U.S. Is Now a Global Leader in Attracting EV Investments

Credit to Author: NRDC| Date: Tue, 13 Aug 2024 04:30:09 +0000

Since President Biden took office, investments in electric vehicle and battery manufacturing in the United States have skyrocketed to $312 billion, more than any other country. Total investment commitments by EV and EV battery manufacturers, by region. The United States is the top nation for attracting investments in electric vehicle … [continued]

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Reunion Partners with Summit Ridge Energy to Facilitate $40 Million Sale of Tax Credits to Fund Community Solar Projects

Credit to Author: Press Release| Date: Fri, 09 Aug 2024 19:58:17 +0000

Reunion, a leading clean energy finance company, today announced that it has collaborated with Summit Ridge Energy, the leading commercial solar company in the United States, to sell approximately $40 million of transferable tax credits from a portfolio of community solar projects in Virginia. The purchaser of these tax credits is a privately … [continued]

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Battery Storage News — LFP From Microvast, Sodium-Ion From Sineng

Credit to Author: Steve Hanley| Date: Fri, 09 Aug 2024 19:21:10 +0000

Battery storage technology is improving all the time. LFP batteries are becoming common and sodium-ion batteries may be next.

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The Inflation Reduction Act: Saving American Households Money …

Credit to Author: Guest Contributor| Date: Fri, 09 Aug 2024 03:57:53 +0000

… While Reducing Climate Change and Air Pollution The Inflation Reduction Act, or IRA, extended and expanded tax credits that help households invest in residential clean energy such as solar panels, as well as home energy efficiency. New data from the Internal Revenue Service show that more than 3.4 million American families have already … [continued]

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Tracking Progress: Climate Action Under the Biden Administration

Credit to Author: World Resources Institute| Date: Thu, 01 Aug 2024 18:26:14 +0000

In 2020, Joe Biden ran for president on the most ambitious climate action platform of any major presidential candidate in U.S. history. As President Biden finishes his term, it’s time to take stock of what his administration accomplished, what is still a work in progress, and what is off track. … [continued]

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U.S. Manufacturing Advocates Praise a Bipartisan Senate Bill Blocking Chinese Companies From Domestic Tax Credits

Credit to Author: Guest Contributor| Date: Thu, 01 Aug 2024 14:32:58 +0000

WASHINGTON, D.C. — The Defend Solar USA Alliance, which advocates for the U.S. solar manufacturing industry, lauded the introduction of bipartisan legislation that would block Chinese solar manufacturers and other foreign entities from taking advantage of a clean energy tax credit intended to boost American solar manufacturing jobs. The Inflation Reduction … [continued]

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Want Your City Or Town To Get Federal Funding? Make A Goal To Invest In Sustainability

Credit to Author: Carolyn Fortuna| Date: Wed, 31 Jul 2024 16:40:24 +0000

Does federal funding for climate action seem too difficult or diffuse for your city or town? The Biden-Harris administration has incorporated tax credits, incentives, and grants to implement its robust climate agenda, which includes an economy-wide goal for the US to be carbon neutral by 2050 as well as to … [continued]

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Mitusbishi, Nissan, & Honda Will Join Forces For Software Development

Credit to Author: Steve Hanley| Date: Tue, 30 Jul 2024 14:18:08 +0000

Mitsubishi, Nissan, and Honda have agreed to work on software issues for their cars as a team rather than separately.

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